Hyperliquid (HYPE) Drops 6% to $45, But Analysts Say a $55–$60 Rebound May Be Next

Hyperliquid (HYPE) extended its pullback for a fifth straight session on Tuesday, sliding about 6% intraday to the $45–$46 zone after a sharp rejection at a reclaimed trendline. Related Reading: Here’s The Best Time To Buy Bitcoin As Impulse Wave Sets Path To $150,000 While near-term momentum has flipped bearish, several on-chain and market-structure cues still point to a potential rebound toward $55–$60 if buyers can quickly stabilize the price above key supports. Derivatives Tilt Bearish, but Spot Holds the Line Futures positioning has swung defensively, and according to Coinglass, the long-to-short ratio slipped to 0. 80, its lowest in over a month, signaling traders are leaning short into weakness source: https://www.newsbtc.com/news/hyperliquid-hype-drops-6-to-45-but-analysts-say-a-55-60-rebound-may-be-next/